Kodiak Robotics to merge with Ares Acquisition Corp. II in $2.5B SPAC deal

Kodiak Robotics announced a definitive agreement to merge with Ares Acquisition Corp. II, forming Kodiak AI Inc. The deal values Kodiak at $2.5 billion and is expected to close in the second half of 2025.

“The merger, approved by both companies' boards, will provide over $660 million in funding to scale Kodiak's autonomous trucking operations and expand its market reach.”particle.news

• 1 source
• particle.newsParticle: Kodiak Robotics to Go Public in $2.5 Billion SPAC Deal with Ares Acquisition Corp. IIApr 16, 2025

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